JPMorgan Asset Management assigns bitcoin 10% long-term return but keeps it out of allocation models
- —Bitcoin's compound return assumed at 10% over 10-15 years; arithmetic mean 20.9%
- —US large caps assumed at 7.5%, gold at 5.5% over the same horizon
- —BTC remains outside the main covariance matrix used in allocation models
- —Bitcoin volatility assumed at 55%, per Investing.com
Why it matters: A top asset manager formally recognizes bitcoin's return potential while leaving it out of model portfolios, signaling cautious institutional demand.
Source: TokenPost
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